Alteer Corp., an Irvine-based maker of medical practice management software, has raised $16.5 million in venture funding.
The round of funding was led by MedVenture Associates of Emeryville and Sanderling Ventures of Palo Alto, along with existing investor Skyline Ventures, also based in Palo Alto.
Alteer said the funding would allow it to expand its sales and marketing efforts, and to fund overall growth.
The company targets small and midsized physician practices in the U.S. Alteer was founded in 1996 and has raised about $20 million in venture funds in all.
